Livepeer Layer 2 Goals￼
Layer 2 is being implemented TODAY on the Livepeer network. This is a huge network upgrade that we are very excited about. We created a video on the article Doug Petkanics – Co Founder at Livepeer – wrote, check it out here.
As part of this upgrade Chase Media is changing the fees and rewards available for delegators:
Reward cut — 0.5%
Fee cut — 50%
This means by delegating to Chase Media you receive 99.5% of daily LPT rewards, plus 50% ETH rewards on all transcoding work performed by the node relative to your stake.
Get involved with the evolution of blockchain technologies by earnings rewards on your LPT tokens! Thank you.
Chase Media Team
** UPDATE ** The Livepeer Explorer description page is not updating as yet for our above reward updates. The main page is correct with 0.5% and 50% reward cuts **
Stake your tokens here.
New videos can be found here.
Get in touch with us at — hello @chasemedia.io